42, PRICES AVENUE, MARGATE, CT9 2NT - £595,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

42 PRICES AVENUE is a very large extended semi-detached house of 184m², built sometime between 1900 and 1929, which could now be worth an estimated £577,047. It was last sold for £595,000 in August 2023, which was around 73% above the average August 2023 semi-detached price in the Thanet local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was C.

42 PRICES AVENUE Sold Prices

Land registry data shows two sales for 42 PRICES AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Thanet local authority area for the corresponding sale date. Both of the two 42 PRICES AVENUE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 21 AUG	£595,000	£342,949	73% above HPI
2015 12 JUN	£278,856	£196,993	42% above HPI

42 PRICES AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Thanet local authority area over time, sourced from the HPI. The two 42 PRICES AVENUE sales from June 2015 and August 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2015 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the August 2023 sale, where it rises to 73% above the HPI. The line then continues to track at 73% above the HPI.

What might 42 PRICES AVENUE be worth now?

42 PRICES AVENUE might now be worth an estimated £577,047.

This is based on house price deflation of 3%, between August 2023 and February 2025, for semi-detached houses, in the Thanet local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3% deflationary decrease is applied to the most recent sale price for 42 PRICES AVENUE of £595,000 on 21st August 2023. For the value to have decreased from £595,000 to £577,047 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 42 PRICES AVENUE has moved in line with the HPI for semi-detached houses in the Thanet local authority area.
• The August 2023 sale price of £595,000 represented a fair market value for the property.
• The size, condition, and specification of 42 PRICES AVENUE has not materially changed since August 2023.

How Large is 42 PRICES AVENUE?

42 PRICES AVENUE is 184m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 10% of semi-detached houses houses in Margate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Margate, and where 42 PRICES AVENUE lies on this distribution: 90% of semi-detached houses houses are smaller than 42 PRICES AVENUE, and 9% of houses are larger. Note that EPC data is not available for all properties in Margate.

42 PRICES AVENUE: Plot and Title Map

42 PRICES AVENUE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 42 PRICES AVENUE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 42 PRICES AVENUE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 42 PRICES AVENUE?

42 PRICES AVENUE is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 42 on PRICES AVENUE.